Commodities: Global prices steady in April

Sliding dollar and increased oil prices kept global food prices steady in April.


Ppi May 06, 2011

KARACHI:


The sliding dollar and increased oil prices kept global food prices steady in April after a decline in March, following eight months of successive increases, United Nations Food and Agriculture Organization (FAO) said on Thursday.


According to the FAO, a decline in sugar prices and a decline in rice rates helped stabilise the index, but international prices of nearly all other food commodities remained firm.



Published in The Express Tribune, May 6th, 2011.

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